106 East
Elm Street

TYLER, TEXAS

Location

Property Type

MULTI-FAMILY

$41 MILLION

Development Cost

$13 MILLION

Historic Tax Credit Equity

106 E. Elm is a redevelopment opportunity in downtown Tyler, Texas.​ This building was previously the Carlton Hotel, a 15-story, 200 room historic hotel. ​ The property, which is in a Qualified Opportunity Zone, sits on the northeast corner of E. Elm and Broadway, and is less than 1.5 miles from the University of Texas, (“UT”) Health Science Center.​

 

Current architectural plans include conversion into approximately 100 apartments with ground floor commercial space and a 25,000 SF connected parking garage. 

106 East Elm News 

May 4, 2022

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Tyler tourism bounces back to pre-pandemic levels

April 28, 2022

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New UT Tyler School of Medicine anticipates preliminary approval in June

October 7, 2021

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NORF Companies Acquires Historic Texas Hotel
106 E Elm

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